U.S. Federal Reserve chair Jerome Powell, right, and Bank of Canada governor Tiff Macklem, left, are not likely to cut rates in 2023, says CIBC’s Benjamin Tal.
Benjamin Tal, deputy chief economist at CIBC Capital Markets, talks with the Financial Post’s Larysa Harapyn about how the Federal Reserve is nearing the end of its rate hiking cycle and what this means for the economy in Canada and the U.S.
Listen to Down to Business for in-depth discussions and insights into the latest in Canadian business, available wherever you get your podcasts . Check out the latest episode below:
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